Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309785 
Year of Publication: 
2022
Citation: 
[Journal:] Environmental and Resource Economics [ISSN:] 1573-1502 [Volume:] 81 [Issue:] 4 [Publisher:] Springer Netherlands [Place:] Dordrecht [Year:] 2022 [Pages:] 867-898
Publisher: 
Springer Netherlands, Dordrecht
Abstract: 
The reduction of greenhouse gas emissions is the key action to limit global warming. An important source of greenhouse gas emissions and pollution is the inefficiency of production processes. We report results from a stochastic nonparametric efficiency analysis using directional distance functions to take account of undesirable outputs like greenhouse gases. With this approach, we are able to provide estimates of the potential emission reductions for 7 main sectors in 16 European countries. A specially adapted bootstrapping approach allows to implement a bias correction of the estimates and to compute confidence intervals. The results show that static efficiency improvements are a quantitatively important element of the emission reductions which are required to achieve the reduction targets of the European Union.
Subjects: 
Climate policy
Environmental efficiency
Nonparametric measurement
bootstrapping
Europe
JEL: 
Q54
E23
C14
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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